Our mission is to ensure that artificial general intelligence—AI systems that are generally smarter than humans—benefits all of humanity. If AGI is successfully created, this technology could help us elevate humanity by increasing abundance, turbocharging the global economy, and aiding in the discovery of new scientific knowledge that changes the limits of possibility. AGI has
Valentinrussanov | E+ | Getty Images High inflation is leading to reduced savings and higher credit card debt — and there are some signs households may be reaching a tipping point under increased financial pressures. A new survey from Bankrate finds 39% of individuals surveyed in January said their emergency savings are less than they
In this article BGRY BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s loyal following of value investors is about to hear from the legend himself, at a crucial time when interest rates have soared and recession fears are raging. The 92-year-old chairman and
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat on Thursday reported a narrower-than-expected loss for its fourth quarter, despite its sales sinking more than
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.
Credit card providers are benefitting from post-pandemic travel and increasing card usage in general, with balances way up in recent months. Valentinrussanov | E+ | Getty Images Financial stocks were so out of favor for most of 2022 that perhaps their tickers should have been appended with a Nathaniel Hawthorne-esque “U” — for “unloved.” Yet
MStudioImages | E+ | Getty Images If you’re looking for a relatively safe place for cash, Treasury bills have recently become more attractive, experts say. Backed by the U.S. government, Treasury bills, or T-bills, have terms ranging from four weeks up to 52 weeks, and investors receive interest when the asset matures. Over the past
In this article MELI EOG ADSK BA BYND SQ CVNA WBD Follow your favorite stocksCREATE FREE ACCOUNT A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Check out the companies making headlines after hours. Carvana — Shares rose 1.7%. CEO
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Block stock rose nearly 8% in extended trading after the payments company reported fourth-quarter earnings that missed Wall Street expectations but posted strong growth in gross profit. Here’s how Block did versus Refinitiv consensus expectations: EPS: 22 cents, adjusted, versus expectations of 30 cents Revenue:
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery on Thursday posted a large loss and recorded about $11.1 billion in
Water hyacinths have ravaged through native ecosystems in at least 50 countries. They continue to spread and grow rapidly without much interference. Rokhak Women Handicraft is taking these plants out of the ecosystem and employing Cambodian women to make bags and rugs out of the weed. For more, visit: https://www.rokhak.com/ EDITOR’S NOTE: At 1:03, this
Michelle Eisen, leading organizer of Starbucks Workers United, has successfully unionized a Starbucks store in Buffalo, New York. But she says her journey is just beginning. #Gamechangers #BloombergQuicktake ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join Subscribe to Quicktake Explained: https://bit.ly/3iERrup QuickTake Originals is Bloomberg’s official premium video channel.
Imagine being in a serious relationship with your husband, a boyfriend, a girlfriend and dating around on the side — that’s polyamory. It’s not new, but is infiltrating tech culture.
In this article FIS Follow your favorite stocksCREATE FREE ACCOUNT Fluxfactory | E+ | Getty Images In a year marked by stiff economic headwinds, retirement savers paid the price. Although the average 401(k) balance rose in the fourth quarter of last year, balances ended 2022 down 23% from a year earlier to $103,900, according to
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his staff met Wednesday with California Governor Gavin Newsom to tour Tesla’s new engineering headquarters. Sources close to the governor told CNBC the meeting at Tesla’s engineering office in Palo Alto, California focused on the company’s efforts to create jobs
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted at the Nvidia headquarters on May 25, 2022 in Santa Clara, California. Justin Sullivan | Getty Images Check out the companies making headlines in early morning trading. Lucid Motors — The electric vehicle maker saw shares slide 14% premarket after reporting that fourth-quarter
A vial of the Moderna coronavirus disease (COVID-19) booster vaccine targeting BA.4 and BA.5 Omicron sub variants is pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, September 8, 2022. Hannah Beier | Reuters Moderna on Thursday missed earnings expectation for the fourth quarter, as costs rose from surplus production capacity and lower demand for its Covid-19
In this article DPZ PZZA Follow your favorite stocksCREATE FREE ACCOUNT Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images Domino’s Pizza and Papa John’s both fell in pre-market trading after reporting mixed earnings on Thursday morning. Domino’s missed analyst estimates on U.S. same-store sales and total revenue for the quarter. Domino’s
Pixelfit | E+ | Getty Images Falling behind on federal student loans is likely to trigger other major financial consequences for borrowers, according to new research by The Pew Charitable Trusts. More than 80% of borrowers who experienced default stated that they’d faced at least one additional consequence as a result. The most common impact
Marko Geber | DigitalVision | Getty Images Whether you’re filing a simple or complicated tax return, it’s critical to make sure it’s thorough — and you may have free online tools at your fingertips, in the form of IRS transcripts, to make the process easier. “Oftentimes, filing a complete and accurate return is much better
Shakeemah Smith has visited more countries — by herself — than most people have visited in their lifetimes. She’s visited 63 countries alone, she said, and now coaches others on how to go solo. Smith — who goes by the name of Keem — said she started traveling alone after a disagreement with a friend
Traditional savings accounts are going up against stocks. And, the winner may be your neighborhood bank for the first time in years, according to Wall Street forecaster Jim Bianco. He contends rising interest rates are giving investors safer ways to generate income. “Cash is no longer trash. That was a two-decade old meme that doesn’t
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters Nvidia stock rose more than 8% in extended trading on Wednesday after the company
In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid on Wednesday reported fourth-quarter revenue that fell short of expectations after building just 7,000
Pontificia Fonderia Marinelli has been making bells since the Middle Ages. Their instruments ring out from iconic places like the Leaning Tower of Pisa and the Vatican. The workshop has survived nearly 1,000 years of wars and hardship, but it’s a crisis of faith that is putting pressure on the business today. MORE STILL STANDING
President Xi Jinping calls China’s sprawling belt and road initiative the “project of the century”, but many challenges remain. In this Bloomberg QuickTake, we explore one of the largest construction projects in modern history. ——– Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join Bloomberg is the
Spreading Christmas cheer is serious business, so Santas head to Santa University every year to brush up on their skills. CNNMoney gives you a glimpse at how the holiday magic is made.
Citing inflationary pressures and sinking enrollment, more colleges are set to close in 2023. Already, Presentation College in Aberdeen, South Dakota; Cazenovia College in Cazenovia, New York; Holy Names University in Oakland, California; and Living Arts College in Raleigh, North Carolina announced they will shut down after the current academic year. The consequences of fewer students and less
Mixetto | E+ | Getty Images For some retirees, heading back to work has emerged as an aspiration. Roughly 1 in 6 retired Americans say they are mulling over whether to get a job, according to a recent study from Paychex. On average, those “unretiring” individuals have been out of the workforce for four years.
In this article KEYS PANW COIN TOL Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in the premarket: Palo Alto Networks —
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